Technical
Financial
Distress signals
Property profile

1036 Jim Day Rd Salem, IN 47167

OFF-MARKET
Commercial land
Property ID
US31-1865891
1,576 SF 11.92 ac lot Built 1905
Entity Owned 10-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a commercial parcel totaling 14.51 acres and is zoned B-2. It has frontage on a state road and a separate business-district county road, providing vehicular access and egress. City utilities are available, and the tract is suitable for division into separate parcels/tracts.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1905
Construction WOOD FRAME
Total area 1,576 SF
Lot 11.92 ac (519,235 SF)
APN 88-24-09-000-014.000-022
UPID US31-1865891

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Processing Plant

Location

1036 Jim Day Rd Salem, IN 47167-7217
Salem metro Census 967600 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1036 Jim Day Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message